Companies are crucial to solving the climate crisis. 75% are falling short
CNN
Less than a quarter of the world's big public companies are doing their part to address the climate crisis, according to new research highlighting the shortcomings of corporate climate pledges.
In an analysis published on Thursday, sustainable finance firm Arabesque assigned companies in 14 of the world's largest stock indexes a "temperature score" based on publicly reported emissions data between 2015 and 2019. It found that less than 25% of companies are on track to achieve the goals of the Paris agreement by 2050, which aims to limit the global temperature increase to 1.5 degrees Celsius.
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